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Adam Talks - Important Self-Directed IRA Case for Bitcoin investors


0:00: Important Court Case & It’s Implications for Crypto Investors 0:20 McNulty v. Comm'r of Internal Revenue 2:30 Facts about Bitcoin Court Case 3:13 Purchasing precious metals in an IRA 3:30 Section 408 of the Internal Revenue Code 5:00 How physically holding precious metals can lead to tax penalties 6:15 Laws pertaining to holding precious metals in Self Directed IRA 6:40 Why personal control of IRA assets defeats the purpose of an IRA 7:40 Do cryptocurrencies have an asset protection class? 7:54 Can I legally hold cryptocurrency in a cold wallet? 8:20 Can my IRA hold cryptocurrency in a cold wallet? 8:57 Is holding cryptocurrency in a cold wallet a taxable distribution? 9:15 Is it legal to hold cryptocurrencies on an exchange? 9:50 Why do people move cryptocurrencies from an exchange to a cold wallet? 10:08 Are cold wallets more secure? 10:25 How has this case changed crypto IRAs? 11:52 What type of assets can you physically hold in a self-directed IRA? 13:55 Can I physically hold precious metals in an IRA at home? 14:12 Can my IRA hold cryptos in a cold wallet? In this episode of Adam Talks, IRA Financial's Adam Bergman Esq. discusses a recent court case that could impact Bitcoin investors, specifically, storing them on a cold wallet. -- Learn more about Bitcoin Investing: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions. Learn More: #IRA #SelfDirectedIRA #McNultyvCommissioner #Gold #Investing #Investments #Coins #ProhibitedTransactions #IRS #IRSRules #AlternativeInvestments #IRSApprovedCoins #401k #Solo401k #Retirement #408m #Bitcoin #BitcoinIRA #Bitcoin401k #Cryptos...(read more)


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